Which, If Any, of the Following Factors Should Reduce the Value

question 74

Multiple Choice

Which, if any, of the following factors should reduce the value of a note receivable included in the gross estate of the holder?

• A) The interest rate provided for is 12%.
• B) The note is not supported by collateral.
• C) The note is payable on demand.
• D) The note is forgiven by the decedent's will.
• E) None of the above.

---

Definitions:

Longitudinal Study

Study designed to assess age changes in a sample over time.

Negative Emotions

Feelings that are generally considered to be unpleasant or undesirable, such as sadness, anger, fear, or jealousy.

Boredom

Boredom is a state of feeling disinterested, restless, or unengaged with one's current activity or surroundings.

Neurotic Personality

Describes a personality type characterized by anxiety, moodiness, worry, envy, and jealousy.